The latest market report published by Credence Research, Inc. “Flame Retardant Chemicals Market – Growth, Future Prospects, and Competitive Analysis, 2017 – 2025,” the global flame retardant chemicals market is expected to grow at a CAGR of 6.4% over the forecast period from 2017 to 2025

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Market Insights

Increasing concerns regarding human health due to the use of toxic halogenated flame retardant chemicals coupled with increasing awareness towards environmental protection has resulted in the ban of several halogen-based flame retardant chemicals. The legislation imposed on the ban of toxic flame retardant chemicals is driving the demand for non-halogenated flame retardant chemicals across the globe. Increasing the use of polymers in several end-use industries such as electrical, automotive, electronics and construction has, in turn, increased the risk of fire mishaps. Thus, increasing the use of flame retardant chemicals for contradicting such mishaps will bring impetus in the overall demand. Also, increasing investments in the automotive and construction industry, especially in the Asia Pacific region coupled with strict regulations regarding fire safety, are anticipated to propel the market growth.

Also, with the rapid growth of the global population as well as increasing purchasing power in developing economies such as South Korea, India, China, and other ASEAN countries has bolstered the demand for construction and infrastructural projects such as shopping malls, recreational centers, high-rise buildings, and sophisticated healthcare centers. This is leading to high demand for flame retardant chemicals.

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/58884

Competitive Insights

The global flame retardant chemicals market is witnessing a steady growth owing to increasing demand from automotive and construction industries coupled with the rapid growth of the electronics industry in the developing regions.

Some of the major players operating in the global flame retardant chemicals market include The Dow Chemical Company, Lanxess AG, BASF SE, Albemarle Corporation, Dover Corporation, Clariant Corporation, Akzo Nobel N.V., Nabaltec AG, Broadview Technologies Inc., and ICL Industrial Products among others.

Key Trends

Increasing production of automobiles
Increasing demand for flame retardant chemicals in consumer electronics
Increasing regulations by governments regarding fire safety

Browse Full Report at https://www.credenceresearch.com/report/flame-retardant-chemicals-market

Report Scope by Segments

By Type

Alumina Trihydrate
Antimony Trioxide
Phosphorus Flame Retardants
Brominated Flame Retardants
Others (boron compound, chlorinated flame retardants, etc.)

By End-user Type

Automotive
Construction
Textile
Electronics
Aerospace
Paints & Coatings
Packaging
Others

By Geography Segment

North America (the U.S., Rest of North America)
Europe (U.K., Germany, France, Rest of Europe)
Asia Pacific (China, Japan, India, Rest of Asia Pacific)
Rest of the World (the Middle East & Africa, Latin America)

You can get the sample copy of this research by Credence Research here: https://www.credenceresearch.com/sample-request/58884